Common use of Exclusivity of Rights Clause in Contracts

Exclusivity of Rights. It is expressly understood and acknowledged by Employee that the Company's obligations under Section 3 of this Agreement shall be in lieu of any obligation on the part of the Company for payment of severance, salary, incentive compensation, auto allowance, health and retirement benefits (collectively, the "Severance Benefits") under any other Company plan, policy or agreement (including but not limited to, the Non-Competition Agreement between Company and Employee, and the Company's severance policy) in the event of termination of Employee's employment with the Company during the Change in Control Period. Accordingly, the Employee acknowledges that he/she shall not be entitled to Severance Benefits other than those set forth in Section 3, and understands that his/her exclusive entitlement to Severance Benefits during the Change in Control Period shall be as set forth in Section 3.

Exclusivity of Rights. It is expressly understood and acknowledged by Employee that the Company's obligations under Section 3 of this Agreement shall be in lieu of any obligation on the part of the Company for payment of severance, salary, incentive compensation, auto allowance, health and retirement benefits (collectively, the "Severance Benefits") under any other Company plan, policy or agreement (including but not limited to, the Non-Competition Agreement Agreeement between Company and Employee, and the Company's severance policy) in the event of termination of Employee's employment with the Company during the Change in Control Period. Accordingly, the Employee acknowledges that he/she shall not be entitled to Severance Benefits other than those set forth in Section 3, and understands that his/her exclusive entitlement to Severance Benefits during the Change in Control Period shall be as set forth in Section 3.

Exclusivity of Rights. It is expressly understood and acknowledged by Employee that the Company's ’s obligations under Section 3 of this Agreement shall be in lieu of any obligation on the part of the Company for payment of severance, salary, incentive compensation, auto allowance, health and retirement benefits (collectively, the "“Severance Benefits"”) under any other Company plan, policy or agreement (including but not limited to, the Non-Competition any Employment Agreement between Company and Employee, and the Company's ’s severance policy) in the event of termination of Employee's ’s employment with the Company during the Change in Control Period. Accordingly, the Employee acknowledges that he/she shall not be entitled to Severance Benefits other than those set forth in Section 3, and understands that his/her exclusive entitlement to Severance Benefits during the Change in Control Period shall be as set forth in Section 3.